George Soros is Investing in Oil and Gas

Where is George Soros investing? The SEC filings will tell you (as of March 31, 2010).
The fund holds over $600 million of Petrobas (Brazil Oil and Gas) (the fund bought about 1.4 million shares of the ADR in the quarter), $300 million of Hess (sold about 900,000 shares), $280 in Suncor Engery (bought over 1.5 million shares), $220 million of Monsanto (sold almost 700,00 shares), $190 of Interoil (bought over 150,000 shares), $175 million of Direct TV (bought 1,000,000 shares), $175 million of Verizon (bought 800,000 shares), $150 million of Plains Exploration and Production (sold 1.7 million shares), $140 million of Best Buy (bought 300,00 shares), $130 million of Novagold (bought 15 million shares, bringing to the total to almost 19 million), $120 million of Emdeon (selling over 1 million), $110 million of JP Morgan Chase (nearly all bought in this quarter) and $90 million of Pfizer (sold over 600,000 shares – over half the position). The fund owns a good deal of gold shares including over $600 million in SPDR gold trust shares (all bought this quarter). The total value of the fund was $8.75 billion. The fund own numerous convertible bond issues in excess of $100 million.
During the quarter the fund sold essentially all of Citigroup – over $300 million at the beginning of the quarter and nearly all of Ace Limited $75 million at the beginning of the quarter, and Lowes ($55 million). It sold 80% of Dana Holding ($60 million at the beginning of the quarter). It sold all of Bunge Limited – $66 million, and Terra Industries $100 million.
I am also overweight in Oil and Gas (the last 2 years is the first time I ever have been). The fund owns $20 million of ATP Oil and Gas, a speculative pick that I also own (the fund added 150,000 shares during the quarter). It also owns over $20 million of Brigham Exploration (fund sold 550,000 shares) another small oil and gas stock that I bought this year. And it has a bit over $40 million in Apple, $60 million in Yahoo $5 million in Amazon.
Related: Famous Stock Traders: Nicolas Darvas – Soros on Financial Crisis and Markets – 11 Stocks for 10 Years, March 2010 Update – Ten Stocks To Avoid

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By One Eyed Guide: Whether you think that gold is a bubble that is deflating or a monetary metal that is going higher you can still take advantage of short term profit potential from additional gold investing.

Bloomberg, frequently a fount of anti-gold propaganda came out with a pair of articles on Wednesday, worth a read primarily from a contrarian point of view.
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By Ganaxi Small Cap Movers:Many leading funds filed forms 13-D and 13-G (and form 4) with the SEC last week, on Wednesday through Friday, February 28th to March 2nd, indicating that they had amended their ownership in U.S. traded public companies. The following are the most notable filings from that analysis (for more info on Forms 13-D and 13-G, and how to interpret that, please refer to the end of this article):

George Fisher submits: ATP Oil and Gas (ATPG) - $17.50 was listed as one of 13 companies that received notice they could resume deepwater activity without any additional environmental review, according to a statement by the Bureau of Ocean Energy Management [BOEM]. A total of 16 wells were designated in the notice, which came with the following caveat: The 13 companies won't be required to revise their ex

Chris Damas submits:
CF Industries (CF) announced today that they are bidding $37.15 cash plus 0.0953 shares for Terra Industries (TRA), valued at $47.40 based on yesterday's CF closing price of $107.54.This is a hostile upgrade of the previous December 7, 2009, expired and then cancelled offer for Terra of $29.25 plus 0.1034 shares.The new bid has a cash component, which is 27% higher after considering the special Terra dividend, and a total increase in value of about 23%.